The dollar continued to decline, printing fresh trend highs against the euro and other currencies. The narrow trade-weighted USD index (DXY) fell over 0.5% to a 22-month low at 93.76 in what is now the seventh consecutive day of decline and the fourth straight week the index has surpassed its prior-week low. Momentum has also […]
USD/MXN rates are testing critical near-term support, which very well could be the determining factor in the predominant trading trend through the end of the year.
Last week, the Brent oil rallied to a multi-month high then retreated after. Will the black gold resume bullish price action this week?
The Euro is currently testing the 2008 trend-line; watch how price action plays out here as it could have significant short and longer-term impact.
USD/MXN rates are testing critical near-term support, which very well could be the determining factor in the predominant trading trend through the end of the year.
Last week, EUR/JPY rebounded from a well- defined level and fell after. Will bulls come back or will bear lead the price action in the coming days?
This week, EUR/USD rallied to a multi-month high. Will the pair continue bullish price action in the coming days?
S&P 500 raises risk of wider pullback on bearish divergence, while FTSE 100 risks breaking of range.